Tuesday, October 7, 2025

Latest

Mako Mining Mines 12,251 Gold Ounces In Q4 2021

Mako Mining Corp. (TSXV: MKO) announced today the production results for the fourth quarter of 2021 from the recently commercially-producing San Albino gold mine in northern Nicaragua. The results highlighted mining 12,251 gold ounces during the quarter, up from last quarter’s 10,498 ounces.

The gold mined for the quarter came from mining a total of 44,160 tonnes at an average grade of 8.63 g/t gold.

For the year, the company recovered 10,291 gold ounces and sold 9,588 gold ounces at an average realized price of US$1,797 per ounce.

The firm also milled a total of 38,313 tonnes, containing 11,102 gold ounces at a blended grade of 9.01 g/t gold. This is an increase from last quarter’s 33,441 tonnes, containing 8,873 gold ounces at a blended grade of 8.25 g/t gold.

Average throughput for the quarter ended at 507 tonnes per day, up from last quarter’s 429 tonnes per day.

The mining company recently secured a 10-year drilling permit for the La Segoviana concession.

Mako Mining last traded at $0.33 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Mako Mining Receives Permits To Drill Test Potrerillos

Mako Mining Corp (TSXV: MKO) has received drilling permits. The firm revealed this morning it...

Friday, November 19, 2021, 08:43:15 AM

Mako Mining Discovers Multiple Veins At Las Conchitas North

Mako Mining (TSXV: MKO) has made further discoveries at its San Albino-Murra property. The latest...

Wednesday, June 1, 2022, 08:03:33 AM

Mako Mining Recovers 12,182 Gold Equivalent Ounces In Q4 2024

Preliminary results are in for Mako Mining’s (TSXV: MKO) fourth quarter. The company is reporting...

Monday, January 13, 2025, 08:45:18 AM

Mako Mining Q3: Earnings Bad, Overall Story Good

Yet another small scale gold producer has reported their financial results for the third quarter....

Sunday, December 1, 2024, 11:32:00 AM

Mako Mining Posts US$30.9 Million In Revenue For 2021

Mako Mining Corp. (TSXV: MKO) announced today its financial results for Q4 and full-year 2021....

Tuesday, April 19, 2022, 11:33:00 AM